Press release
Global Intelligent Transportation System (ITS) Market 2020 by Applications, By End Users, Analysis and Forecast to 2026; Thales Group; Siemens; Garmin Ltd.; Cubic Corporation; EFKON; TomTom Telematics BV
Intelligent Transportation System
In the reliable Global Intelligent Transportation System (ITS) market research report, industry trends are put together on macro level with which clients can figure out market landscape and possible future issues about Intelligent Transportation System (ITS) industry. The scope of this market report include but is not limited to latest trends, market segmentation, new market entry, industry forecasting, future directions, opportunity identification, strategic analysis and planning, target market analysis, insights and innovation. The report presents with the CAGR value fluctuations for the specific forecasted period which helps decide costing and investment strategies. An influential Intelligent Transportation System (ITS) market report brings precise and exact market research information that drives business into the right direction.
Global intelligent transportation system (ITS) market is expected to rise to an estimated value of USD 63.36 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the better management of accidents, emergency services, allocation of limited resources as well as better logistics requirement in aviation and maritime applications.
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Major Market Players Covered in The Intelligent Transportation System (ITS) Market Are:
Few of the major competitors currently working in the global intelligent transportation system (ITS) market are Thales Group; Siemens; Garmin Ltd.; Cubic Corporation; EFKON; TomTom Telematics BV; FLIR Systems, Inc.; GeoToll; ElectricFeel AG; DENSO CORPORATION; DoubleMap; Bestmile SA; nuTonomy; Iteris, Inc.; Ricardo; TransCore; Lanner Electronics Incorporated; Savari, Inc.; Agero, Inc.; Hitachi Transport System, Ltd.; Sensys Networks, Inc.; Atkins; Conduent, Inc.; Advantech Co., Ltd.; Clever Devices Ltd; ETA Transit; GMV; Moxa Inc.; PTV AG; RHYTHM ENGINEERING; Telegroup; Transmax Pty Ltd.; Trapeze Software ULC; Neology, Inc.; 3M; International Road Dynamics Inc.; KLD Engineering, P.C.; Peek Traffic Corporation; Traffic Tech (Gulf) W.L.L. among others.
Key Developments in the Market:
• In May 2019, Sensys Networks, Inc. announced that they had agreed to merge their business operations with that of TagMaster. The combined operations of the company capable of providing components, sensors, technologies and integration systems for managing traffic, parking services as well as tolling management for rail and roadways. The combined organization would focus on establishing themselves as the leader of “Intelligent Transportation Systems” along with enhancing their application area into smart city solutions.
• In November 2018, Bestmile SA and INIT announced that they had agreed to a partnership for the integration of autonomous/driverless vehicles for public transport. The combined capabilities will focus on developing integrated autonomous services for urban cities all over the world.
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Key Benefits for Intelligent Transportation System (ITS) Market:
• In-depth analysis of the Market is conducted by constructing Market estimations for the key Market segments between 2020 and 2027. The report provides an extensive analysis of the current and emerging Intelligent Transportation System (ITS) Market trends and dynamics.
• Key Market players within the Market are profiled in this report and their strategies are analysed thoroughly, which helps to understand the competitive outlook of the industry.
• Extensive analysis of the Market is conducted by following key product positioning and monitoring of the top manufacturers within the Market
• A comprehensive analysis of all the regions (North America, Europe, Asia-Pacific, South America, The Middle East and Africa)
Global Intelligent Transportation System (ITS)
Market Scope and Segments
By System
• Advanced Traffic Management System (ATMS)
• Emergency Medical Services (EMS)
• Advanced Traveller Information System (ATIS)
• Intelligent Transportation System (ITS)-Enabled Transportation Pricing System
• Advanced Transportation Pricing Systems (ATPS)
• Advanced Public Transportation System (APTS)
• Cooperative Systems
• Automatic Number Plate Recognition (ANPR)
• Commercial Vehicle Operation
By Application
• Roadways
• Public
• Private
• Traffic Monitoring
• Traffic Signal Controls
• Enforcement Camera Management
• Automotive Telematics
• Railways
• Aviation
• Maritime
Based on regions, the Intelligent Transportation System (ITS) Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America
Middle East and Africa (GCC Countries and Egypt)
North America (United States, Mexico, and Canada)
South America (Brazil, Argentina etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
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Strategic Points Covered in Table of Content of Global Intelligent Transportation System (ITS) Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope Intelligent Transportation System (ITS) market
Chapter 2: Exclusive Summary – the basic information of Intelligent Transportation System (ITS) Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of Intelligent Transportation System (ITS)
Chapter 4: Presenting Intelligent Transportation System (ITS) Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of Intelligent Transportation System (ITS) market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Customization of the Report:
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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